Great Atlantic adopts semi-annual financial reporting

Great Atlantic Resources Corp. (GR) has voluntarily adopted a semi-annual financial reporting (SAR) framework pursuant to the British Columbia Securities Commission’s Coordinated Blanket Order 51-933. The company will cease filing quarterly interim financial reports and Management’s Discussion & Analysis (MD&A) for three-month and nine-month periods, aiming to reduce administrative and financial burdens. The company will continue to file audited annual financial statements and unaudited six-month financial statements, while maintaining its commitment to disclosing all material changes and significant developments.

The adoption is pursuant to Coordinated Blanket Order 51-933, issued by the BC Securities Commission on March 19, 2026, which allows eligible TSX Venture Exchange issuers to move from quarterly to semi-annual reporting. The company’s fiscal year end is February 28. Under the new framework, the company is no longer required to file interim financial reports and related MD&A for three-month and nine-month interim periods. The initial interim period exempt from filing is the three-month period ended May 31, 2026.

Regarding ongoing obligations, audited annual financial statements and MD&A remain due 120 days after the fiscal year-end (Feb. 28). Unaudited six-month financial statements and MD&A remain due 60 days after Aug. 31. The company remains committed to reporting all material changes and significant developments as required under National Instrument 51-102 and TSX-V policies.

"By adopting SAR, the company aims to reduce the administrative and financial burden associated with quarterly reporting," the company stated. "The company remains committed to timely disclosure and will continue to report all material changes and significant developments as required under National Instrument 51-102, Continuous Disclosure Obligations, and the policies of the TSX-V."